I hope you are short gold and Oil as I am (I noticed it several times in last weeks).

I was not able to find a lot of good stock trade opportunities during last week. But fear of last weeks allowed me to enter short trades in Oil and gold on very interesting levels. I did it using Ultra short Gold and Ultra short Oil ETF stocks.

As global world economy is slowing rapidly I expect commodity trades are out of interest. Prices of gold and oil will go down.

This entry was posted on Thursday, October 2nd, 2008 at 4:33 pm and is filed under ETF analysis, Stock market comment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.